Plan Ledger DOL Form 5500 · updated monthly

The Oakwood Groupbenefits

The Oakwood Group Employee Benefits Plan Union Employees · TAYLOR, MI · plan year 2025

Broker compensation reported · 2025
$211,995

The Oakwood Group's benefits plans covered 405 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $6,028,947. Insurance brokers and agents were paid $211,995 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.5% of premiums. That is $523 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 1.1% from $209,736 in 2024.

Insurance contracts · 202516
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$4.1M · 292 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.4M · 105 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$262K · 48 covered
DELTA DENTAL OF MICHIGAN · dental$185K · 525 covered
DELTA DENTAL OF MICHIGAN · dental$153K · 465 covered
EYEMED · visionpremiums n/a · 434 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 226 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 119 covered
UNUM INSURANCE COMPANYpremiums n/a · 69 covered
UNUM INSURANCE COMPANYpremiums n/a · 59 covered
EYEMED · visionpremiums n/a · 499 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 411 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 120 covered
UNUM INSURANCE COMPANYpremiums n/a · 137 covered
UNUM INSURANCE COMPANYpremiums n/a · 120 covered
Brokers & agents paid · 20257
MARSH & MCLENNAN$62,044 · incl $20,717 fees
MARSH AND MCLENNAN AGCY LLC$45,292
CHRISTOPHER M BOUSCHET$65,646
REBECCA A MCLAUGHLAN$2,594
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381557680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.